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Seven Tides unveils new payment plan for Dubai project

Interested buyers can purchase ready-to-move-in properties in the Anantara the Palm Dubai Residences project with a deposit of 20% of the total sales price

Only 160 of the development's 449 units are yet to be sold.
Only 160 of the development's 449 units are yet to be sold.

Dubai-based real estate developer, Seven Tides, has announced the launch of a new five-year payment plan for its Anantara the Palm Dubai Residences project.

According to the developer, interested buyers can purchase ready-to-move-in properties in the luxury development with a deposit of 20% of the total sales price. A further 5% would then be paid every quarter, starting 12 months from the date of the initial reservation agreement.

Seven Tides reported that of the original 449 units, only 160 are left. They consist of one- and two-bedroom apartments, with the one-bedroom units ranging in size from 107.4m2 to 144.9m2 and the two-bedroom from 164.8m2 to 208.8m2.

The former are priced from $740,000 (AED2.73m), while the latter are priced from $1.09m (AED3.99m).

The Thai-inspired development boasts seven dining experiences in the resort, access to Anantara Spa, and shared leisure facilities, including a gym, temperature-controlled lagoon swimming pools, tennis courts, and water sports and kids’ club. 

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Construction Week - Issue 753
Nov 09, 2019